Mas has a sign of rebounding again.

MAS MAS we are on business again... Look at the two beautiful stewardess cheering when MAS rebounded and testing the bullish ride again.

Observation
1) Trendline - Uptrend Bullish
2) Formed higher low- Bullish
3) MACD - Going to break the 0 Region and awaiting for 4R1G ( Undetermined). If tomorrow goes up for sure it will be 4R1G
4) RSI -broke below above 70%  ( Bearish)
5) Sto - Bullish Crossover in progress and rebound at 50% ( Bullish)
6) ADX - strong momentum and Bullish
7) Candle Stick -Inverted hammer on support and spinning top  (bullish )
8) Volume Distribution - High Buying Pressure ( bullish )

1 Points

     6 Points




Conclusion

Winner BULL!!

Rebound and going up

Entry Price 1.55

  Resistance at 1.59 and 1.65
Support at 1.49

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MAS retracing toward to the support

It is the right time to catch MAS again? Be patient please and wait for it to show a good rebound first on the support.

Observation
1) Trendline - Uptrend Bullish
2) Formed higher high- Bullish
3) MACD - 4G1R( Bearish) and now let wait for another 4R1G and rebound from the support.
4) RSI -broke below above70%  ( Bearish)
5) Sto - Bearish Crossover and broke below 80% ( Bearish)
6) ADX - strong momentum and Bullish
7) Candle Stick -Inverted hammer on support and potential bullish reversal  (bullish )
8) Volume Distribution - High Selling ( Bearish)

4 Points

      4 Points







Conclusion

Stalemate

Entry Price 1.56 ( At the closing time 4.50pm rebound from support) or break the resistance 1.6

Take Profit  at 1.64 and 1.73

Support at 1.52

Mas Bingo hit the resistance and retrace

HIt the resistance at 1.59 and retrace. Let wait for it to hit the support at 1.53 and buy again

MAS Airlines

MAS recently plunge about 45 cents (25%) to 1.34 which is the historical low. What happen to this counter Crash Landing? Wow looks like Air Asia is doing well that MAS in terms on stock price and lets have a look into this counter and analyze

Observation
1) Trendline - Downtrend Bearish
2) Formed higher low- Potential good and awaiting for Higher High to confirm on the uptrend
3) MACD - Bullish Crossover ( Bullish) but at negative zone ( Downtrend)
4) RSI -broke below above 50%  ( Bearish)
5) Sto - Bullish crossover  and broke above 50% ( bullish )
6) ADX - weak momentum and bearish
7) Candle Stick -Black Candle after Evening Doji Star (Bearish) What is Evening Doji Star
8) Volume Distribution - High Selling ( Bearish)

Conclusion
Monitor closely and only goes it when the area is clear . Wait for Higher high( Uptrend) and Rsi positive

Entry Price - 1.5
Take Profit - 1.59 and 1.64
Stop loss at 1.45